UPDATE 4-Scotiabank profit drops 41%, more bad loans seen but stock still jumps
Bank of Nova Scotia on Tuesday
said loan-loss provisions will remain high after a
second-quarter increase drove a 41% profit decline, but shares
still jumped 5% as earnings still beat analyst estimates.
said loan-loss provisions will remain high after a
second-quarter increase drove a 41% profit decline, but shares
still jumped 5% as earnings still beat analyst estimates.
Posted by Reuters
